Wednesday, July 27, 2005

Zimbawe in financial crisis

SABCnews.com - africa/southern_africa: "Zimbabwe slump unprecedented : World Bank

Zimbawe in financial crisis
July 27, 2005, 05:00

Zimbabwe's rapid economic decline over the past six years is likely unprecedented for a country not at war, says the World Bank's director for the country. In an interview with Reuters yesterday, Hartwig Schafer said reversing the decline would require major economic restructuring, similar to policies that helped rebuild former Soviet states also endowed with infrastructure and human resources."

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